Welcome to FreedomMicroFinanceBank.com

 

 
OUR VISION

We recognize that small scale entrepreneurs and enterprises are the basic engine for economic growth in any society. This class has been left largely unattended to in Nigeria. Our prosperity and even survival is tied to the prosperity of this class of micro players. FREEDOM MICRO FINANCE BANK has been especially structured and positioned to attend to the needs of the Micro Players in our economy by providing them with necessary credits at reasonable terms, technical and financial advice as well as exposing them to skills acquisition programmes.

 
OUR MISSION
To play a proactive role in improving Nigeria s economy by catering to the banking needs of the small scale entrepreneurs and enterprises that are finding it very difficult to access credits due to poor operating capacity and know-how, meagre savings rate and low banking services requirement by granting them loans to establish or enhance their businesses.

To keep developing innovative ways that will boost small scale businesses by granting loans and also monitor their operational performance and repayment, to guarantee sustainability, and growth of our business.

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OUR PHILOSOPHY
Freedom Micro Finance Bank is OPERATING ON THE PRINCIPLE OF NON-INTEREST BANKING. We earn Money through profit sharing and or profit mark up on all our facilities. Under this arrangement, a borrower knows exactly how much money he/she is going to pay back. There are no hidden costs or fluctuations in interest rates whatsoever.
 
OUR STRENGTH
We keep working with our partners and consultants to develop banking products that will create mass employment while producing highly marketable goods and services. The in-house training services we invite top class consultants to conduct for our staff, coupled with the Entrepreneur management skills acquisition programmes we conduct for our customers have already started yielding beautiful results. We engage top class professionals who gather market and environmental intelligence to operate and yield return on investment.  Our staffers from corporate, business and functional level have the capabilities to survey, understand the anatomy of client’s business and give a judgement or decision that will prescribe the type of loan and mode of repayment that will not put him/her under cash flow difficulties and therefore be a threat our interest as a bank.

 
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